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Surface Disinfectant Market (Composition - Hypochlorite, Alcohols, Aldehydes, and Peroxide; End-user - Healthcare, Hospitality, Food & Beverage, and Residential; Distribution Channel - Online, and Offline): Global Industry Analysis, Trends, Size, Share and Forecasts to 2028

  • Published : June, 2022

  • Rep Id : CM00029

  • Category : Chemicals & Materials

  • Status : Published

A recent report published by Infinium Global Research on the surface disinfectant market provides an in-depth analysis of segments and sub-segments in the global as well as regional surface disinfectant market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional surface disinfectant market over the short term as well as long term. The report is a comprehensive presentation of trends, forecasts, and dollar values of the global surface disinfectant market. According to the report, the global surface disinfectant market is projected to grow at a CAGR of 7.5% over the forecast period of 2022-2028.

 

Market Insight

The global surface disinfectant market was valued at USD 5.7 Billion in 2022 and is expected to reach USD 9.0 Billion in 2028, with a CAGR of 7.76% during the forecast period. A surface disinfectant in its liquid form has been found to be highly utilized because of its easy availability, affordable pricing, and easy use. Wipes and sprays have emerged as the next most preferable choice. Disinfectants are generally distinguished from other antimicrobial agents like antibiotics, which destroy microorganisms within the body, and antiseptics, which destroy microorganisms on living tissue. Disinfectants also are different from biocides—the latter are intended to destroy all types of life, not just microorganisms. Disinfectants work by destroying the cytomembrane of microbes or interfering with their metabolism. It's also a type of decontamination and may be defined as a process whereby physical or chemical methods are utilized to reduce the number of pathogenic microorganisms on a surface.


Surface Disinfectant Market


 

The rising number of stringent regulations for the utilization of surface disinfectants is the major factor driving the expansion of the market. The rise in the number of stringent regulations focuses on the event of suitable policies for housekeeping services, which puts a premium on good housekeeping and sanitation. Thus, because of such regulatory guidelines, there'll be an improvement in the regular usage of surface disinfectants across healthcare settings. Increasing healthcare expenditure and specializing in emerging economies will create growth opportunities for the market during the forecast period. Emerging economies, like India, Brazil, and the African nation, provide significant opportunities for players within the sterilization and disinfection markets. Emerging economies within the APAC region present lucrative investment opportunities for multinational infection control companies to offshore their business operations to the markets. However, the Rising number of adverse effects of chemical disinfectants will hamper the expansion of the market during the forecast period.

 

In terms of region, the GCC surface disinfectant market is segmented into North America, Europe, the Asia Pacific, Latin America, and also the Middle East & Africa. North America holds the biggest market share during the forecast period. In North America, the stringent regulations, health, and hygiene-related awareness, and healthcare spending will propel the expansion of the region. Rising health and hygiene awareness among the consumers amidst the COVID-19 pandemic together with high healthcare spending are the key factors attributing to the business growth in North America. Increasing health consciousness and preventing the spread of the civil-19 virus has enhanced the employment of surface disinfectants within Saudi Arabia. Furthermore, the increasing prevalence of hospital-acquired infections will propel the expansion of the Asian country region during the forecast period.

 

Segment Covered

The report on the global surface disinfectant market covers segments such as composition, end-user, and distribution channel. On the basis of composition, the sub-markets include hypochlorite, alcohols, aldehydes, and peroxide. On the basis of end-user, the sub-markets include healthcare, hospitality, food & beverage, and residential. On the basis of distribution channels, the sub-markets include online and offline.

 

Companies Profiled:

The report provides profiles of the companies in the market such as Metrex Research, LLC, Proctor & Gamble, 3M Group, Steris, The Clorox Company, Reckitt Benckiser Group, and Cantel Medical Corporation, Ecolab, Cetylite Inc., and CarrollCLEAN.

 

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the surface disinfectant market. Moreover, the study highlights current market trends and provides forecast from 2022-2028. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.


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